The international consortium Adria LNG, which was supposed to build a liquefied natural gas terminal on Krk, has shut down its office in Zagreb, revealed Goran Frančić, Director of the Development Sector at Plinacro, which was to participate in the construction of the terminal in Omišalj on Krk along with Ina.
At a press reception during which key Plinacro personnel presented investment projects from the past period, as well as those awaiting in the upcoming period, Frančić emphasized that they were not surprised by such a move. “We expected such a move, which was certainly motivated by a six percent drop in gas consumption in Europe, making the project itself questionable,” said Frančić, adding that Plinacro has expressed interest in independently entering that part of the market, which is why it has prepared an alternative and smaller project, LNG RV.
This is a project approved by the Ministry of Economy, Labor, and Entrepreneurship as part of Plinacro’s five-year plan, involving the construction of facilities for connecting an LNG regasification ship to the gas transport system. The primary goal is to bridge the period until the commissioning of a large LNG terminal, which will be built eventually, and according to global experiences, its implementation requires about two years and around 50 million euros. “We believe this is a project more suitable for the current situation,” added Jerko Jelić Balta, CEO of Plinacro, reflecting on the year 2010, which he considers crucial for Plinacro and the development of the domestic gas system.
